Ethereum: WETH tokens burned after Single Swap

WETH SHEETS Burned after one exchange: What do you need to know

The Ethereum block chain was amazed at activity in recent days, as several top-notch transactions occurred, so many wondered what was behind the sudden rise. A significant event on the attention was the one replaced with 0x000 … (also known as 0xd733564dbbbd21a9d6b38777E260d3e7f4), which led to the burning of Weth.

single exchange

Block Scout analysis, popular Blockchain analysis platform, single exchange between 0x000 and another unknown address. The deal was performed several times, with the last only a few hours before the start of the study.

Weth -balance update

When checking the Weth -Oken balance in our system, we found that it was reduced to zero. This means that all existing WETH bales were automatically sent to 0x000 … after the exchange.

What’s next to Weth?

The sudden disappearance of Weth from his usual wallets raises many questions. Several options were speculated about the fate of this ID:

* CHARGING

: The theory is that the balanced balances in the reports have been sent to other wallets or stock exchanges, which makes it difficult to return the owner to their means.

* Burned funds

: Another option is that the harmful actor burned a weth -token who tried to reject the market.

* Remove problems : The external explanation may be that some owners lost the opportunity to take the means before the exchange, which leads to their balance.

Research

The latest single exchange with 0x000 … has sent shock waves through the Ethereum community. Although we cannot speculate on the exact fate of Weth, it is important for the owner to remain vigilant and follow their account with additional action.

If the market continues to vary, one thing is certain – this event is reminiscent of the importance of predictive management of digital funds. Stay up to date, stay safe and always keep your wallet safe!